{"id":1004051600,"date":"2011-10-13T06:13:41","date_gmt":"2011-10-13T14:13:41","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=20745"},"modified":"2022-12-08T21:21:51","modified_gmt":"2022-12-09T05:21:51","slug":"quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\/","title":{"rendered":"Quicken Loans Employee Relocation Makes Detroit Reconsider Its Housing Options"},"content":{"rendered":"<p style=\"text-align: justify\">By Veronica Grecu, Associate Editor<\/p>\n<p style=\"text-align: justify\">Detroit\u2019s former Trolley Plaza apartment building, located at 1431 Washington Boulevard, has been rebranded as Detroit City Apartments, according to the <em>Detroit Free Press<\/em>. Opened in 1981, the Trolley Plaza building was later renamed as Washington Square and, in 2009, it was purchased by national multi-family apartment company Village Green of Farmington Hills, which then began renovating and upgrading the facility.<\/p>\n<p style=\"text-align: justify\">The 351-unit property offers a wide range of amenities such as a Sky Park and a Sky Club, a concierge, an outdoor swimming pool, a tennis court and a fitness center. The renovations designed by Ron and Roman, LLC and Damon Farber Associates lead to as many as 10 different floor plans with units ranging from 640 to over 1,000 square feet and rents from $675 to $1,720 per month.<\/p>\n<p style=\"text-align: justify\">During the inaugural ceremony, Village Green CEO Jonathan Holtzman pointed out that more and more young professionals encouraged to relocate by companies such as Quicken Loans are heading towards downtown Detroit in search for a place to live\u2014and many of them will choose places like Detroit City Apartments as their homes.<\/p>\n<p style=\"text-align: justify\">In fact Quicken Loans has recently announced that another 1,500 employees will be relocated in Detroit and this move is expected to trigger a significant economic boost in the area. Surprisingly enough, the city\u2019s residential inventory is not quite ready to absorb the incoming population. In a recent article <em>Crain\u2019s Detroit Business<\/em> Quicken Loans founder Dan Gilbert said that this is an opportunity to create more places to live.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor<br \/>\nDetroit\u2019s former Trolley Plaza apartment building, located at 1431 Washington Boulevard, has been rebranded as Detroit City Apartments, according to the Detroit Free Press. Opened in 1981, the Trolley Plaza building was later renamed as Washington [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1495,21742],"tags":[],"class_list":["post-1004051600","post","type-post","status-publish","format-standard","hentry","category-detroit","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Quicken Loans Employee Relocation Makes Detroit Reconsider Its Housing Options - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quicken Loans Employee Relocation Makes Detroit Reconsider Its Housing Options\" \/>\n<meta property=\"og:description\" content=\"By Veronica Grecu, Associate Editor Detroit\u2019s former Trolley Plaza apartment building, located at 1431 Washington Boulevard, has been rebranded as Detroit City Apartments, according to the Detroit Free Press. Opened in 1981, the Trolley Plaza building was later renamed as Washington [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-13T14:13:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:21:51+00:00\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"Quicken Loans Employee Relocation Makes Detroit Reconsider Its Housing Options\",\"datePublished\":\"2011-10-13T14:13:41+00:00\",\"dateModified\":\"2022-12-09T05:21:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\\\/\"},\"wordCount\":261,\"commentCount\":0,\"articleSection\":[\"Detroit\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/quicken-loans-employee-relocation-makes-detroit-reconsider-its-housing-options\\\/\",\"name\":\"Quicken Loans Employee Relocation Makes Detroit Reconsider Its Housing Options - 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With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. 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